Kathmere Capital Management LLC Cuts Stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Kathmere Capital Management LLC reduced its stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 1.2% during the second quarter, HoldingsChannel.com reports. The fund owned 125,307 shares of the company’s stock after selling 1,494 shares during the quarter. Kathmere Capital Management LLC’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $2,537,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Corient Private Wealth LLC lifted its position in Invesco FTSE RAFI Emerging Markets ETF by 17.0% during the fourth quarter. Corient Private Wealth LLC now owns 29,401 shares of the company’s stock valued at $562,000 after purchasing an additional 4,271 shares during the last quarter. Private Advisor Group LLC increased its stake in Invesco FTSE RAFI Emerging Markets ETF by 86.2% during the second quarter. Private Advisor Group LLC now owns 123,069 shares of the company’s stock worth $2,492,000 after acquiring an additional 56,975 shares during the last quarter. Lmcg Investments LLC increased its stake in Invesco FTSE RAFI Emerging Markets ETF by 69.2% during the second quarter. Lmcg Investments LLC now owns 28,325 shares of the company’s stock worth $574,000 after acquiring an additional 11,584 shares during the last quarter. Atria Investments Inc purchased a new stake in Invesco FTSE RAFI Emerging Markets ETF during the first quarter valued at approximately $1,042,000. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 2.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 39,765 shares of the company’s stock valued at $805,000 after purchasing an additional 856 shares during the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

Shares of Invesco FTSE RAFI Emerging Markets ETF stock opened at $22.23 on Friday. The stock has a 50 day moving average price of $20.42 and a 200-day moving average price of $20.25. Invesco FTSE RAFI Emerging Markets ETF has a one year low of $17.12 and a one year high of $22.47. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 7.54 and a beta of 0.82.

About Invesco FTSE RAFI Emerging Markets ETF

The Invesco FTSE RAFI Emerging Markets ETF (PXH) is an exchange-traded fund that is based on the FTSE RAFI Emerging index. The fund tracks an index of emerging market companies selected and weighted based on a fundamental methodology. PXH was launched on Sep 27, 2007 and is managed by Invesco.